Newcastle Coal Price Rises to US$166.5 per Ton (Thursday, May 25, 2023)

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Agus Dwi Darmawan 25/05/2023 13:42 WIB

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Other commodity factors, such as the increase in natural gas prices, also affect the global Newcastle coal price.

Newcastle Coal Price Trend Over the Last 14 Days (Thursday, May 25, 2023)

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Newcastle Coal Price Rises to US$166.5 per Ton (Thursday, May 25, 2023)

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Newcastle Coal Price Trend Over the Last 14 Days (Thursday, May 25, 2023)

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As of 1:16 PM WIB today, Thursday, May 25, 2023, the Newcastle coal price is US$166.5 per ton. This represents a 3.9% increase compared to the previous day's closing price of US$160.25 per ton.

According to investing.com, the Newcastle coal price has risen 1.65% over the past week. However, compared to 30 days ago, the price is still down -13.51%.

Over the past year, the Newcastle coal price has actually declined. The previous record high reached US$457.8 per ton.

The Newcastle coal price reached a low of US$159.35 per ton on Thursday, May 18, 2023, and a high of US$397.5 per ton this year.

The increase in the Newcastle coal price is influenced by the approaching winter season and the coal price crisis in China, which has impacted global Newcastle coal prices. Other commodity factors, such as rising natural gas prices, also affect global Newcastle coal prices. The increase in these basic commodity prices is a result of the global economic recovery following the COVID-19 pandemic.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."